Streetbeat News

DXYZ

Destiny Tech100 Inc.

Industry

Asset Management

Destiny Tech100, Inc. operates as a non-diversified, closed-end management investment company. The company was founded on November 18, 2020 and is headquartered in Austin, TX.

Open

37.94

Mkt cap

442M

Volume

623K

High

41.44

P/E Ratio

238.82

52-wk high

105.00

Low

37.75

Div yield

N/A

52-wk low

7.75

The article discusses SpaceX's recent achievements and advises caution against overpaying for investments in the space sector. The author sold their stake in Destiny due to its high premium and suggests considering the ERShares Private-Public Crossover ETF for better value and allocation.

Portfolio Pulse from

February 03, 2025 | 5:15 am

Destiny Tech 100 (DXYZ) has been described as a risky investment due to its high valuation, influenced by figures like Donald Trump and Elon Musk, as well as SpaceX.

Portfolio Pulse from

December 17, 2024 | 6:30 am

A potential Donald Trump rally in the stock market is causing a surge in companies linked to Elon Musk and other CEOs who have supported Trump. This trend is reflected in the performance of certain ETFs.

Portfolio Pulse from

November 22, 2024 | 7:00 pm

The Destiny Tech100 ETF (DXYZ) is predicted to potentially surge by 100% over the next year, driven by a stock market surge following Donald Trump's election victory. This surge is attributed to a wave of euphoria among investors, leading to a rise in major risk assets.

Portfolio Pulse from

November 20, 2024 | 2:45 pm

The election of Donald Trump has significantly boosted the stock market, with the S&P 500 surpassing 6,000 points for the first time. A particular stock has surged 303% since Trump's election.

Portfolio Pulse from

November 12, 2024 | 6:30 pm

The article suggests that investing in DXYZ stock is a way to profit from Elon Musk's relationship with Donald Trump following his election.

Portfolio Pulse from

November 11, 2024 | 4:15 pm

Following Donald Trump's election victory, major indices like the Dow Jones and S&P 500 reached record highs, raising questions about whether Destiny Tech100 is headed for new all-time highs.

Portfolio Pulse from

November 09, 2024 | 4:30 pm

Longboard Pharmaceuticals shares surged 46.8% in pre-market trading after Lundbeck agreed to acquire the company for approximately $2.6 billion. Other notable pre-market movers include Inventiva, Tevogen Bio, and Expion360, which saw significant gains, while Molecular Templates and Vicinity Motor experienced sharp declines.

Portfolio Pulse from Avi Kapoor

October 14, 2024 | 11:04 am

OpenAI is reportedly in discussions to raise funds at a valuation of $150 billion, according to Bloomberg. This development could have implications for companies like Microsoft, which has invested in OpenAI.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:52 pm

Starlink, a subsidiary of SpaceX, has refused to comply with a Brazilian court order to block social media platform X, leading to potential sanctions including license revocation. This defiance is part of ongoing tensions between Elon Musk's businesses and the Brazilian government.

Portfolio Pulse from Benzinga Neuro

September 03, 2024 | 7:24 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.